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Nov 1, 2009

Owner-Operators * USA - Unemployed Truck Drivers Find Answers To Recession

While the future looks bleak for some drivers, others are taking advantage of a new trend in trucking and becoming owner-operators

Auburn Hills,MICH,USA -Detroit dBusiness News -Oct 27, 2009: -- More than 165,000 truckers driving for companies have been let go, laid off or fired this year. Difficulty in meeting employment standards, such as needing at least 12 months of experience driving with no violations or accidents, eliminates about one-third of the driver pool. While that makes the future look bleak for some, others are taking advantage of a new trend in trucking and becoming owner-operators instead... As freight indexes adjust to the recent economy, larger companies find themselves forced to cut costs while increasing productivity. As a result, they are bringing on independent truck owner-operators to fill in the gaps and meet their needs... Wholesale Truck and Finance is now working with Class A licensed truck drivers to finance and locate their own reliable transportation to compete in the job market during these difficult times. One way to battle the recession is to reduce the number of jobless people by getting them into the self-employed work force. Those with credit scores as low as 550 are able to make the transition... (Photo from professionalcarriersinc: side owners operators)

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